Deals are in the air
There is a long-held maxim in the property market to “sell in spring”. But is it true, and does it apply during this year’s pandemic? The saying stems from the belief that when the sun comes out, buyers are about.
“It’s a combination of three things,” says Cate Bakos, from Cate Bakos Property. “Everyone’s garden looks better and the mud isn’t traipsed through the house, the football is over and sellers assume buyers come out in spring.”
During spring, vendors decide to sell because they believe buyers will be out and about, agrees Christine Williams, from Smarter Property Investing.
But how much truth is there to this? The answer’s not clear cut.
While there are typically more listings in spring, the reason for it is
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